Just making sure some of these slanderous accusations are recorded
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So looking at the announcement - will it be a float off of Coromandel Gold as a rights issue
with a price tag ? ;)
What's sticking out a mile is it seems like possibility of 'the Terrible Twins' listed on both boards
here & Oz - both with their hands out for Shareholder Loot .. rather than just the one currently ;)
Will Matty Babe being paid by both at the appropriate rates for looking over a bit of picking around
the geography & nothing much further which yields any of the elusive gold stuff ? ;)
Let's hope folk with a taste for these sort of curious 'ventures' dont get to be found fools for their
hard earned gold thrown in .. not once but twice over .. ;)
Yes the processing of gold can be done anywhere and the greenies cannot stop that. The greenies can stop the mining part and maybe they effectively have with only one blast event per day and 4 x 10 tonne truck movements per day.
Vanuatu does not help the viability of the NZ mine if in fact it is the mine access which is causing the problem.
It is time for NTL to be upfront about the real reasons for not mining. Digger as a shareholder with 100 million shares before you sold down you must have been keeping a close eye on your investment and talking to Matt. In your opinion why do you think the CEO and directors have consistently failed to deliver?
Ntl's largest shareholder with 3.5 times as many shares as I ever had also wants the answer to that question.The govt change to labor three years ago and creaping green power has had a large effect. Take the same mine and the same people and put it in China tomorrow and gold would be coming out in good volumn by next month.
Matt did say to me about two years ago that this concentrate could be sent anywhere.No doubt if I am right about the concentrate being sent to Vanuata for processing the greenies will get the govt to stop it. But all please note this is just my idea[guess] that the investment in Vanuatu has this plan in mine.
Strategic acquisition by NTL so that they can be acquired by OceanaGold ?! 😂
I used to think that this company would be successful and had accumulated about 8 million shares at one stage and have sold down to about 1 million. I intended to keep those shares to make sure that I kept an eye on NTL and when things changed I would reinvest. I don’t see that anything will change now. Gold will not be dug out of the Talisman mine and Exploration in Vanuatu will be expensive and time consuming and we shareholders will have to finance it.
I think the clock has been turned back 5 years at least. If the people who are in top 20 shareholder category do not understand what’s going on and cannot get answers then this is truly a bad situation. As I write this the price of gold is about $2600/oz
I agree. The cost to develop another mine will not be cheap. To me it almost suggests they are giving up on Talisman for now, perhaps wait for a change in government, which may or may not help. Either way I think this is the nail in the coffin for any near or medium term gold production. I won't necessarily point the fingers at who is to blame, the challenges were always there and perhaps us shareholders were a little too hopeful. But one thing is for sure, communications from NTL since I have been a shareholder the last 4 years have been generally appalling. At one point held 20 million but have now sold almost everything the last year. Hopefully the very patient will be rewarded.